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6139 E GREENWAY Street, Mesa, AZ 85205
$975,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$975,000
Last Modified:
4/25/2025
Description
Premium 4 Plex in Mesa with 3 Bedroom & 2 Bath Units with Private Gated Yards! 8 Cov Park Spcs & Tile Roof. All Utilities are Paid by the Tenants and Metered Separately. All Units Leased and Current; #1 & #4 Are Longer Term Tenants. Rents Are: #1: $1100 (will be $1250 on 1/23); #2: $1550; #3: $1450 (will be $1525 on 1/23); #4: $1300 (all rental agreements will be month to month). #1 & #2 Had New AC's in 2020; #3 New AC in 2019; #4: AC in 2016. Unit #2; #3 & #4 Have Had Full Remodels with Flooring; Kitchen Countertops; Vanities, Light Fixtures, etc in 2017 & 2021. All Units Have a Separate Washer & Dryer for Each Unit, That is Included with the Sale! Well Managed 4 Plex with Great Tenants & Great Paying Also! More Room to Increase Rents in the Near Future! Please Do NOT the Disturb Tenants
More Information MLS# 6486533
Contract Info
Ownership: Fee Simple
Current Price: $975,000
Sold Price: $975,000
Status: Closed
List Date: 2022-11-07
Location, Tax & Legal
Assessor's Map #: 84
Legal Description (Abbrev): LOT 37 MANOR VIEW MCR 027228
Assessor's Parcel #: 348
Add'l Parcels: No
Tax Municipality: Mesa
Census Tract: 420210
Taxes: 2428
Legal: LOT 37 MANOR VIEW MCR 027228
Marketing Name: GREAT INVESTMENT
Map Code/Grid: Q41
House Number: 6139
Compass: E
Street Name: GREENWAY
St Suffix: Street
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85205
Zip4: 4853
County Code: Maricopa
Subdivision: MANOR VIEW
Assessor Number: 141-84-348
Tax Year: 2022
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 0
Lot Size Dimensions: 10205
Flood Zone: No
Total # of Units: 4
Elementary School District: Mesa Unified District
High School District: Mesa Unified District
Elementary School: Mendoza Elementary School
Jr. High School: Shepherd Junior High School
High School: Red Mountain High School
Year Built: 1986
Zoning: M-H, RM-3
Legal Info
Range: 6E
Section: 12
Township: 1N
Lot Number: 37
Project Type
Four Plex: 1
5 - 12 Units: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Tile: 1
Floors
Concrete: 1
Wood: 1
Ceramic Tile: 1
Carpet: 1
Sale Includes
Building(s) Only: 1
Laundry Equipment: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 1654
Annual Land Lse Exp: 0
Annual Landscape Exp: 1155
Annual Legal & Acctg: 0
Annual Maint Exp: 5230
Annual Mgmt Exp: 5200
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 0
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 15667
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 67500
Total Monthly Rental Income: 0
Pmt & Rate Info
Cap Rate: 4.94
Equity: 1050000
Down Payment %: 30
Monthly Payments: 5107.31
1st Payment Freq: Monthly
Total Owed: 0
Payment Includes
Principal: 1
Interest: 1
Showing Notification Methods
Text: 1
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Ceiling: 1
Heat Pump: 1
Electric: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Heat Pump: 1
Individual: 1
Exterior Amenities
Desert Landscaping: 1
Fenced: 1
Cable TV Available: 1
Sidewalk(s): 1
Patio/Balcony: 1
Separate Storage: 1
Interior Features
Unfurnished: 1
Fire/Smoke Alarm(s): 1
Mini Blinds: 1
Tenant Pays
Water: 1
Sewer: 1
Electricity: 1
Cable TV: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Free-Standing Range: 1
Washer/Dryer: 1
W/D Hookup: 1
Road Access Type
Dedicated Street: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Carport: 1
On Street: 1
>1 Space Per Unit: 1
Paved: 1
Electric
SRP: 1
Individual Meter: 1
Gas
None: 1
Owner Pays
Landscaping: 1
New Financing
Cash to Loan: 1
Conventional: 1
Special
Owner/Agent: 1
Accept Backups (CLO): 1
Existing 1st Loan
Treat as Free&Clear: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
# 3 Bedroom Units: 4
Avg Rent: 1406
Avg SqFt: 1078
# Baths: 8
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Other
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: Recker & Brown
Directions: East to 61st Plc; North to Greenway St (first street); East to 6139 On South Side of Street
Geo Lat: 33.437708
Geo Lon: -111.698293
Status Change Info
Off Market Date: 2022-11-28
Under Contract Date: 2022-11-15
Close of Escrow Date: 2022-11-30
Sold Price: $975,000
Income Expenses
Gross Annual Sch Inc: 67500
Net Operating Income: 51833
Property Features
Project Type: Four Plex; 5 - 12 Units
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Tile
Floors: Concrete; Wood; Ceramic Tile; Carpet
Sale Includes: Building(s) Only; Laundry Equipment
Payment Includes: Principal; Interest
Community Features: No Pool
Exterior Amenities: Desert Landscaping; Fenced; Cable TV Available; Sidewalk(s); Patio/Balcony; Separate Storage
Interior Features: Unfurnished; Fire/Smoke Alarm(s); Mini Blinds
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; W/D Hookup
Heating: Ceiling; Heat Pump
Cooling: Ceiling Fan(s); Electric; Heat Pump; Individual; Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP; Individual Meter
Gas: None
Parking Features: Carport; On Street; >1 Space Per Unit; Paved
Road Access Type: Dedicated Street
Road Surface Type: Asphalt
Owner Pays: Landscaping
Tenant Pays: Water; Sewer; Electricity; Cable TV
Source of Fincl Data: Owner
Special: Owner/Agent; Accept Backups (CLO)
Showing Notification Methods: Text
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash to Loan; Conventional
Environmental: None
Listing Office:
Duckett Management & Real Estate
Last Updated: April - 25 - 2025
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